Greg Jamison’s bid to purchase the Phoenix Coyotes is waning as the team’s future in the Phoenix market is again called into question barring an 11th-hour deal tonight.

Jamison and his cohorts have told Coyotes players, their agents and front office executives, as well as city of Glendale officials for months that the money would be there in the end to buy the team.

The city’s Jan. 31 deadline arrives at midnight tonight, and Jamison does not appear ready to close his side of a $308 million arena deal that was essentially crafted to help him get the financing and money to buy the team.

That has Coyotes officials and players, as well as Glendale City Hall, reeling from the increased possibility that no one wants to, or can, buy the team and keep it in the Phoenix market.

“No one in the front office knew of this and they are reeling,” said one local sports marketing executive who is close to the hockey team but asked not to be identified.

Coyotes officials are not commenting on the situation. But privately, officials with or close to the team and city are in the dark regarding the Jamison bid. This comes after voicing some optimism earlier this week he would beat the Jan. 31 deadline. “Many have been 100 percent duped,” said one local executive who has been close to Coyotes deal.

Coyotes captain Shane Doan re-signed with the team last summer only after assurances that the franchise sale would go through and the team would stay in Phoenix. He looked at, but decided against, offers from other teams based on those assurances.

The Arizona Republic reported this morning that a Jamison attorney called new Glendale Mayor Jerry Weiers asking for yet another extension in the three-year-old Coyotes ownership saga. Weiers talked about the situation this morning also on Phoenix radio station KTAR.

An ESPN story Wednesday said the NHL could be talking to new or recycled ownership groups about buying the team and keeping it in the Phoenix market.

Previous bidders have included Chicago Bulls and White Sox owner Jerry Reinsdorf, investment executive Matthew Hulsizer and a group called Ice Edge Holdings LLC. Ice Edge principals were also part of Jamison’s bid.

Canadian businessman and Boston’s Pizza owner Jim Treliving’s name has also popped up as a Coyotes suitor.

But the Coyotes, Glendale and NHL have unsuccessfully been trying to find an owner who can buy the team and keep it here since 2009.

Jamison never publicly disclosed where his money was coming from and who his partners are.

Glendale is not likely to try to work what would be an eighth arena deal with a prospective owner. There are bidders from Seattle and Quebec City that are likely ready to buy and move the Coyotes out of the Phoenix market.